Insurance
Auto Accidents
Labor and Employment Law

Can your employer make you pay the insurance deductible if you have an accident in a company vehicle?

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Wiki User
2005-12-16 03:26:14
2005-12-16 03:26:14

I don't know, but if the accident was your fault, why should he have to pay it? Might be better to pay it so you can keep your job (if the accident was your fault). Probably not, if you were on company business at the time. If you take a company truck home after work and you were at fault, that's a different situation. In either case, if you were at fault, he can write you up or possibly fire you. It might be easier just to pay the deductable.

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A premium is the amount of money you pay the auto/health insurance company monthly, quarterly, or biannually whether or not you get in an accident or go to the hospital. The higher your premium the lower your deductible, and the lower your premium the higher your deductible. A deductible is the amount of money after you get in a car accident or visit the hospital before your insurance company pays anything. After you have met your deductible the insurance company covers the rest of the expenses.

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If you have collision coverage on your vehicle you can collect from your insurance company for the damages. You will not have to pay the deductible if you were determined by the insurance company to not be at fault for the accident. They then go after the other insurance company to get the money they paid you back. If you do not carry collision coverage then you need to file with other insurance company, they will then decide who was at fault for the accident if their party was at fault they then pay you for the damages to your vehicle.

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A deductible, or insurance deductible, is an amount of money the first of which the insurance company will not pay towards the cost of the loss suffered. For example, a $500 deductible means that the insurance company will not pay the first $500 of a loss. Deductibles are made for the purposes of keeping the costs of insurance down by making the insured pay a certain amount of money and not make a claim towards minor losses. If the accident is the other person's fault, either their insurance company will pay that deductible or you can sue them in court.

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Yes. If the claim is being made on your insurance. For example, if the damages are $2000 and there is a $500 deductible, the insurance company will pay $1500.

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Report the accident to your insurance company. If this was a single car accident - meaning yours- your insurance will have to pay for the repairs minus your deductible. If another party caused the accident you need to turn their insurance information over to your company and they will take it from there.

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Yes. The insurance company will pay their portion of the claim which does not include the deductible because that is your portion .

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Yes. If it's a company car and is insured through your employer, the employer's insurance company would pay out the claim. The accident would still show up on your record though.

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In order to know the answer to this, you would need to contact a custumer service representative at your insurance company.

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Yes. In many cases your insurance company may waive your deductible if the third party's insurance company accepts liability.

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No. They are responsible for their own deductible. Because, when my van got hit, which was parked, I had to pay my deductible before the insurance company would cover it!

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Yes, otherwise known as market value less your deductible

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The Company who owns the vehicle would be responsible for deductibles listed on the policy their own policy.

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You call your insurance company and file a collision claim. You pay your collision deductible and they will set up repairs for your vehicle.

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The average deductible varies depending on your company. However, on average, the deductible is about $1000.

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Most insurance companies allow credit for the deductible met for services that actually incurred during the same calendar year. Call your new insurance company and find out if they allow the credit and what proof they require.

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I assume you mean how does the deductible work. When you file a claim on any insurance, the insurance company will take out the deductible before it issues the payment to you. In many states the banks are protected and the check has to be made out to you and the mortgagee company.

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If the other company only gave you the deductible amount, then probably not. But if both paid you the full amount, then you should turn the other company's check to yours. If the larger check came from the other driver's insurance, I'd return the check from your own insurance company - you're entitled to the deductible amount, if you're not at fault.

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The workers comp insurance company requires the employer to insure all the employees.

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An insurance deductible is a set amount of money that the insured is required to pay before the insurance company starts to pay. For instance, if your deductible for the year is $100.00, and your first insurance bill is $150.00 , they will only pay $50 and you will have to pay $100 (deductible). Every insurance bill after that will be paid for by the insurance company until the end of the year and then the cycle starts again. The deductible is your responsibility.

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A deductible is the amount that you must pay out of pocket before the insurance company will start making payment.

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A deductible is your "skin in the game" so to speak. A way of reducing insurance premiums is to increase you're deductible, thereby reducing the risk of the insurance company. If you had an insured loss of $1000 and you had a deductible of $250, you would be paid $750 by your insurance carrier.

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Yes. That is part of your claim against them. However, if you filed with your insurance company, you gave up your right to pursue them for damages. Generally speaking, your insurance company will pursue the other party's insurance company and if the other company pays, that payme usually includes your deductible.

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No. The other person's insurance should pay everything, including your rental car use during the time that your car is being repaired. UNLESS the person that hit you is claiming innocence and there were no witnesses. Then you may have to pay the deductible if your insurance company can not get them to pay.

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